Parker-Hannifin (PH) VP trades shares after stock appreciation rights exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parker-Hannifin Corp executive Scott Patrick, VP & President–Fluid Connectors, reported several equity transactions on February 12, 2026. He exercised 1,460 Stock Appreciation Rights at an exercise price of $158.90, receiving 1,460 shares of common stock. To cover tax obligations related to this exercise, 627 shares of common stock were disposed of at $982.81 per share in a tax-withholding transaction. He also completed an open-market sale of 833 common shares at $983.06 per share. After these transactions, he directly owned 3,455 common shares and indirectly held 77.52 shares through the Parker Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 833 shares ($818,889)
Net Sell
5 txns
Insider
Scott Patrick
Role
VP & Pres.-Fluid Conn.
Sold
833 shs ($819K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 1,460 | $0.00 | -- |
| Exercise | Common Stock | 1,460 | $158.90 | $232K |
| Tax Withholding | Common Stock | 627 | $982.81 | $616K |
| Sale | Common Stock | 833 | $983.06 | $819K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Rights — 0 shares (Direct);
Common Stock — 4,915 shares (Direct);
Common Stock — 77.52 shares (Indirect, Parker Retirement Savings Plan)
Footnotes (1)
FAQ
What insider transactions did Scott Patrick report for Parker-Hannifin (PH)?
Scott Patrick reported exercising stock appreciation rights and related share movements. He exercised 1,460 rights into common stock, had 627 shares withheld for taxes, and sold 833 shares in an open-market transaction, all on February 12, 2026, while retaining a meaningful shareholding.
What stock appreciation rights did Scott Patrick exercise at Parker-Hannifin (PH)?
He exercised 1,460 Stock Appreciation Rights at an exercise price of $158.90 per underlying share. These rights, granted on August 14, 2020 and expiring August 13, 2029, converted into 1,460 shares of Parker-Hannifin common stock upon exercise on February 12, 2026.
What is Scott Patrick’s role at Parker-Hannifin (PH) in this Form 4 filing?
In the filing, Scott Patrick is identified as an officer of Parker-Hannifin, serving as VP & President–Fluid Connectors. His status as a senior officer requires reporting changes in beneficial ownership of company securities under Section 16 rules.